What is next day settlement on card payments?

Historically, businesses had to accept a settlement period on card payments. Banks imposed a delay on releasing funds from merchant accounts to regular business accounts for security reasons. In some cases, the wait could be as long as seven days. However, thanks to next-day settlements, that’s all changing. Transfers from merchant to business accounts can…

MultiPay Group Launches MultiPay Merchant Services to Give SMEs Greater Control of Their Payment Technology

An end-to-end solution and fast, efficient switching service enables new customers to save up to 70% on their existing costs Bishop’s Stortford, UK, and Milan, Italy –  7th April 2021: Following the launch of MultiPay Global Solutions, to help large merchants gain control and flexibility of their payments, MultiPay Group is bringing the same couture…